BARGAINING WITH DIFFERENTIAL SKILLS
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概要
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The Nash solution of two-person bargaining game is based on the axiom that all players have equal bargaining power. In this paper, it is extended to allow for possible differentials in individual bargaining skills. Assuming that the frontier of payoffs between players is convex, the solution is shown to obtain at the point where a Cobb-Douglas function defined over payoff space takes on the highest value along the frontier.
- 慶應義塾大学の論文
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